Refi activity picks up to highest level in two years

Refinance applications picked up as mortgage rates fell last week, but purchase loan activity had only a small gain, according to data released Wednesday by the Mortgage Bankers Association (MBA). The MBA’s survey — which covers 75% of all retail residential mortgage applications in the U.S. — found that the…

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HUD’s Todman visits Cincinnati to talk affordable housing

Adrianne Todman, acting secretary of the U.S. Department of Housing and Urban Development (HUD), visited with local leaders in Cincinnati this week to talk about ways to address an affordable housing shortage in the city and across the state of Ohio, according to local reporting by the Cincinnati City Beat….

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